Death Spiral of EU Crisis

Escalation of the situation in Europe:
"Lately, there seems to have been a pullback in EU elite ambitions, a cessation of confidence in the idea that Eurocrats could slam their collective, Orwellian boot endlessly in the face of a resentful populace. [...] If Spain goes, so goes the EU – and we will gladly wave it goodbye. One more dreadful, authoritarian celebration to pile on the junk heap."

Ron Paul Launches Presidential Campaign

Rep. Ron Paul, R-Texas, whose outspoken libertarian views and folksy style made him a cult hero during two previous presidential campaigns, will announce on Tuesday that he's going to try a third time.